Word: approachers
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...This comes just months after Carr dismissed an initial $16.3 billion approach from Kraft as "derisory." But when Kraft sweetened the terms of a deal - by raising the amount of cash it was offering alongside its own shares - it proved too difficult for Cadbury to resist. At $13.91 per Cadbury share, a 7% premium over Friday's closing price, the new deal is expected to win shareholders' backing before the deadline for approval expires in two weeks. Buoyed by that prospect, shares in Cadbury rose more than 3% in trading on Monday, to $13.70. (See pictures of what the world...
...upside of this approach is that it gives banks time to work out problem loans in an orderly fashion. It also averts a big hit to the FDIC's empty insurance fund. The downside is that it drags out the correction for years, delaying any rebound. "The smart money, and there is plenty on the sidelines, is waiting for the bottom to materialize," says Bonney. It may still be waiting a year from...
Arguing that any person opposing a King holiday would automatically be dubbed a racist, Helms urged the Senate not to be bullied into elevating King to "the same level as the father of our country and above the many other Americans whose achievements approach that of Washington's" by making him one of the few individuals honored by a federal holiday. The day before the bill passed the Senate, District Judge John Lewis Smith Jr. denied Helms' request to unseal FBI surveillance tapes of King that were due to remain sealed until 2027. President Reagan signed the bill into...
...vaccine is not the first TBV attempted. Previous versions used not AnAPN1 but parts of the malaria parasite to generate human immune responses. Unfortunately, two vaccine candidates using that approach unexpectedly caused some skin disorders when tested in humans in 2008, prompting a need for further research. And even without that side effect, using antigens from the malaria parasite would require multiple vaccines to fight the many different strains of malaria. (See the Year in Health...
...second approach, he said, is the establishment of facilities in Port-au-Prince to bolster emergency treatment and to identify the patients who require more advanced surgery and must be transported to the Plateau. On Thursday night, PIH posted a lengthy list of immediate needs on its Web site, citing concerns related to transportation and supplies...